Considering the economic difficulties most of us face these days, it has become necessary to look into ways to buy cars in Florida without spending a lot of money. And buying used autos Ft Lauderdale FL dealerships are selling is something a lot of people choose to do. But is buying a used car really helpful when it comes to staying within a budget?
If you're still a little unsure about buying used cars, perhaps taking a look into a few pointers can help you decide. First of all - and this is something you may have heard about dozens of times before - brand new cars depreciate about 30 percent in value the very moment you drive them off the dealership. Additionally, most new cars will lose another ten percent during its first year; a total of 40 percent in depreciation in just one year. This means that a 30,000-dollar car will lose as much as $9,000 to $12,000 in value during the first year.
You can do away with that much deprecation by buying a one or two-year old vehicle at your local dealer. When you get a two-year old car that holds it value well - you can drive it around for a year or so more then resell it at a good price.
This means you get to buy the car you really like at affordable prices and resell it later on without losing a lot of money. Many people nowadays also choose to buy used autos Hollywood Florida dealerships offer because - are you sitting down? - used cars are a lot cheaper to insure than brand new ones. You need to understand that car insurance premiums are based on the value of a vehicle. So the higher the car's price, the higher the insurance costs will be.
Obviously, you can save money insuring a used car since they are priced much lower than a brand new one. In fact, if you purchase a car that's old enough, you don't have to get theft insurance for it, thus saving you a lot of money.
There are also websites like Hertz Car Sales that you can gather information from about buying used cars and how doing so saves you money. The fact that used cars cost less to register is another way buying these vehicles help you save money. Registration fees in most states are based on how much you paid for the car when you bought it; ergo, a lower price means the used car will cost less to register.
If you're still a little unsure about buying used cars, perhaps taking a look into a few pointers can help you decide. First of all - and this is something you may have heard about dozens of times before - brand new cars depreciate about 30 percent in value the very moment you drive them off the dealership. Additionally, most new cars will lose another ten percent during its first year; a total of 40 percent in depreciation in just one year. This means that a 30,000-dollar car will lose as much as $9,000 to $12,000 in value during the first year.
You can do away with that much deprecation by buying a one or two-year old vehicle at your local dealer. When you get a two-year old car that holds it value well - you can drive it around for a year or so more then resell it at a good price.
This means you get to buy the car you really like at affordable prices and resell it later on without losing a lot of money. Many people nowadays also choose to buy used autos Hollywood Florida dealerships offer because - are you sitting down? - used cars are a lot cheaper to insure than brand new ones. You need to understand that car insurance premiums are based on the value of a vehicle. So the higher the car's price, the higher the insurance costs will be.
Obviously, you can save money insuring a used car since they are priced much lower than a brand new one. In fact, if you purchase a car that's old enough, you don't have to get theft insurance for it, thus saving you a lot of money.
There are also websites like Hertz Car Sales that you can gather information from about buying used cars and how doing so saves you money. The fact that used cars cost less to register is another way buying these vehicles help you save money. Registration fees in most states are based on how much you paid for the car when you bought it; ergo, a lower price means the used car will cost less to register.
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If you want to know more about preowned cars Ft Lauderdale then visit their internet page at http://www.hertzcarsales.com for more details.
